How did 109-year-old Scottish asset management firm Baillie Gifford go from backing Henry Ford’s Model T to Elon Musk’s Tesla? Bloomberg Technology reporter Jeremy Kahn charts Baillie Gifford’s path to becoming one of the most important backers of Silicon Valley’s biggest publicly traded names – like Amazon and Facebook – and privately owned “unicorns” – like Airbnb and Dropbox. Kahn offers a candid look at the firm’s investment track record and methodology for selecting investment-worthy companies. getAbstract recommends this article to those interested in tech-sector investing and investment strategy.
In this summary, you will learn
- Why Scottish firm Baillie Gifford became a big tech investor,
- How its past investments have fared, and
- How the firm identifies companies ripe for investment.
About the Author
Jeremy Kahn is a senior tech reporter at Bloomberg Technology. His work has appeared in The New York Times, the International Herald Tribune, Newsweek, The Atlantic, and others.
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